Ginnie MBS data show an increase of 72,224 loans recorded as 30 days past due from February to March. Some 56,266 of those newly delinquent loans were FHA-insured.

Believe it or not, purchase loan applications increased 16.4% in Washington, one of the first states ravished by the pandemic...

For certain residential mortgages, including refis, banks can delay obtaining an appraisal for up to 120 days after a loan closes.

Federal and state laws prohibit intentional discrimination against protected groups...

On the servicing front the news was grim. Wells revealed that its massive residential servicing portfolio declined in value by 29.4% from the prior period: $8.13 billion at March 31 compared to $11.52 billion at yearend.

Ocwen said it received written notification on the violation from the NYSE on April 8.

The Ginnie Mae portion is $130 billion: Forbearance requests on 5.89% of $2.2 trillion worth of FHA/VA loans that back GNMA MBS.

The CFPB has clarified how credit bureaus and furnishers should furnish information and investigate disputes during the coronavirus pandemic.